Scott No Mates wrote:
Adam, is it vacant land? Being rural, capital growth will be very slow and as stated it hasn't been a positive experience to date. It may well be time to cut and run. If it does make a loss, then you may be able to carry forward this loss and offset it against any other capital gains that you make in the future eg sale of…[Read more]

Terryw wrote:
There is no magical answer. You just have to do some research and make a decision. Some questions to ponder- do you see the values increasing in the short term? Long term?- Adding up selling costs and buying costs how much of a loss? – Do you have any other capital gains which you could use to offset the loss? (maybe save some…[Read more]